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Yue Kan Holdings Limited
(2110)
Yue Kan Holdings Limited (2110) vs. iShares MSCI Hong Kong ETF (EWH)
Yue Kan Holdings Limited Business Overview & Revenue Model
Yue Kan Holdings Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 202.78M | 202.78M | 223.33M | 198.03M | 212.28M | 345.62M |
| Gross Profit | -13.67M | -13.67M | -31.86M | -62.34M | 30.21M | 56.01M |
| EBITDA | -22.46M | -22.46M | -31.36M | -73.13M | 30.79M | 53.57M |
| Net Income | -34.48M | -34.48M | -44.14M | -87.05M | 16.68M | 37.63M |
Balance Sheet | ||||||
| Total Assets | 81.56M | 81.56M | 117.47M | 145.99M | 227.77M | 265.47M |
| Cash, Cash Equivalents and Short-Term Investments | 28.10M | 28.10M | 25.82M | 33.69M | 85.18M | 124.52M |
| Total Debt | 2.56M | 2.56M | 4.95M | 6.84M | 1.01M | 1.62M |
| Total Liabilities | 38.10M | 38.10M | 43.56M | 39.52M | 34.29M | 63.67M |
| Stockholders Equity | 43.46M | 43.46M | 73.90M | 106.47M | 193.48M | 201.79M |
Cash Flow | ||||||
| Free Cash Flow | -13.05M | -12.79M | -26.79M | -49.84M | -13.67M | 20.11M |
| Operating Cash Flow | -13.05M | -12.79M | -26.70M | -38.71M | 14.82M | 34.22M |
| Investing Cash Flow | 10.82M | 10.82M | 8.80M | -10.77M | -28.18M | -24.11M |
| Financing Cash Flow | 1.49M | 1.49M | 10.06M | -2.02M | -25.68M | 83.40M |
Yue Kan Holdings Limited Technical Analysis
Yue Kan Holdings Limited Peers Comparison
Yue Kan Holdings Limited Corporate Events
Tian Cheng Holdings Limited has released its unaudited condensed consolidated interim results for the six months ended 30 November 2025, with the full interim report to be made available on both the company’s and the Hong Kong Stock Exchange’s websites in due course. The announcement signals the group’s ongoing compliance with Hong Kong listing disclosure requirements and provides investors and other stakeholders with updated financial and operational information through its interim report, which includes management discussion and analysis, financial statements and corporate governance details.
The most recent analyst rating on (HK:2110) stock is a Sell with a HK$0.08 price target. To see the full list of analyst forecasts on Yue Kan Holdings Limited stock, see the HK:2110 Stock Forecast page.
Tian Cheng Holdings Limited has warned that it expects to post a significantly wider net loss of about HK$20 million to HK$21 million for the six months ended 30 November 2025, compared with a loss of HK$12.4 million a year earlier. The deterioration is mainly driven by a substantial gross loss of roughly HK$11.4 million in its marine construction segment, where challenging weather and operational complexities hampered the reconstruction of piers at Sai Kung, Tai Po and Lantau Island, leading to inefficiencies and higher standby costs for staff, machinery and vessels. This was partially offset by an HK$4 million improvement in gross profit from other civil engineering works, supported by higher revenue and better progress on the 3RS airport project, but overall results point to continued margin pressure in marine works and warrant caution from shareholders and potential investors ahead of the formal interim results release expected on 29 January 2026.
The most recent analyst rating on (HK:2110) stock is a Sell with a HK$0.09 price target. To see the full list of analyst forecasts on Yue Kan Holdings Limited stock, see the HK:2110 Stock Forecast page.
Tian Cheng Holdings Limited has scheduled a board meeting for 29 January 2026 to review and approve the unaudited interim results of the company and its subsidiaries for the six months ended 30 November 2025. At the same meeting, the board will also consider the declaration of an interim dividend, a decision that could affect shareholder returns and signal management’s confidence in the company’s financial performance.
The most recent analyst rating on (HK:2110) stock is a Sell with a HK$0.09 price target. To see the full list of analyst forecasts on Yue Kan Holdings Limited stock, see the HK:2110 Stock Forecast page.
Tian Cheng Holdings Limited has appointed Zhao Xu as an executive director with effect from 8 January 2026, expanding its board with a veteran manager of listed companies and internet technology services businesses. Zhao, who holds master’s degrees in business and public administration, has held senior roles at multiple technology, commercial services and asset management companies in mainland China, Hong Kong and Europe, and is credited with inventing a financial operation method protected under Chinese intellectual property law. Under a three-year service contract, Zhao will serve on the board without director remuneration, is subject to retirement by rotation and re-election, and currently holds no shares in the company and has no disclosed relationships with existing management or major shareholders, suggesting the appointment brings independent expertise aimed at supporting the group’s future development.
The most recent analyst rating on (HK:2110) stock is a Hold with a HK$0.10 price target. To see the full list of analyst forecasts on Yue Kan Holdings Limited stock, see the HK:2110 Stock Forecast page.
Tian Cheng Holdings Limited has announced the current composition of its nine-member board of directors, led by Chairman and executive director Ms. Zheng Yanling and supported by five other executive directors and three independent non-executive directors. The Board has also confirmed the structure of its key governance committees, appointing independent non-executive director Mr. Wan San Fai Vincent as chairman of the Audit Committee, Mr. Yin Jun as chairman of the Remuneration Committee, and Mr. Wen Xiaoxiao as chairman of the Nomination Committee, changes that clarify oversight responsibilities and reinforce the company’s corporate governance framework effective 8 January 2026.
The most recent analyst rating on (HK:2110) stock is a Hold with a HK$0.10 price target. To see the full list of analyst forecasts on Yue Kan Holdings Limited stock, see the HK:2110 Stock Forecast page.
Tian Cheng Holdings Limited has announced the composition of its board of directors, which includes eight members with a mix of executive and independent non-executive directors. The board has also established three committees: Audit, Remuneration, and Nomination, with specific directors assigned to each committee. This announcement highlights the company’s governance structure and its commitment to maintaining a balanced and diverse board, which could impact its strategic decision-making and stakeholder confidence.
The most recent analyst rating on (HK:2110) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Yue Kan Holdings Limited stock, see the HK:2110 Stock Forecast page.
Tian Cheng Holdings Limited has announced the appointment of Ms. Jiang Chunxia as an executive director, effective December 1, 2025. Ms. Jiang brings extensive experience in supply chain management and marketing, which is expected to aid the company in expanding its domestic market presence and identifying new business opportunities. Her appointment is part of a three-year service contract, although she will not receive any remuneration for her role.
The most recent analyst rating on (HK:2110) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Yue Kan Holdings Limited stock, see the HK:2110 Stock Forecast page.
Tian Cheng Holdings Limited has announced the appointment of Mr. Zheng Qinggui as an executive director effective December 1, 2025. Mr. Zheng, who has extensive experience in the medical aesthetics industry, is expected to bolster the company’s development in the health and wellness services sector. His appointment is part of a strategic move to enhance the company’s operational capabilities in this growing market segment.
The most recent analyst rating on (HK:2110) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Yue Kan Holdings Limited stock, see the HK:2110 Stock Forecast page.
Tian Cheng Holdings Limited, a company incorporated in the Cayman Islands, held its Annual General Meeting on November 27, 2025, where all proposed resolutions were approved unanimously. The resolutions included the adoption of financial statements, reappointment of auditors, re-election of directors, and granting mandates for share issuance and repurchase. This unanimous approval reflects strong shareholder support and positions the company for continued strategic operations and potential growth.
The most recent analyst rating on (HK:2110) stock is a Hold with a HK$0.15 price target. To see the full list of analyst forecasts on Yue Kan Holdings Limited stock, see the HK:2110 Stock Forecast page.
Tian Cheng Holdings Limited has successfully completed the placing of 60,000,000 new shares, representing approximately 16.67% of the company’s enlarged share capital. The shares were issued at a revised placing price of HK$0.121, generating net proceeds of approximately HK$6.93 million, which will be used for general working capital. This move alters the company’s shareholding structure, with the new shares being allocated to at least six independent third-party placees, none of whom will become substantial shareholders.
Yue Kan Holdings Limited, listed on the Hong Kong Stock Exchange, has announced a revision to the terms of its share placing agreement. The company has adjusted the placing price of its new shares to HK$0.121, reflecting a discount to the recent market prices. This decision follows negotiations with the placing agent and aims to align with current market conditions. The directors believe these terms are fair and in the best interests of the company and its shareholders.
Tian Cheng Holdings Limited, a company incorporated in the Cayman Islands, has announced a trading halt on its shares on the Hong Kong Stock Exchange effective from 9:00 a.m. on November 3, 2025. This halt is pending the release of an announcement containing inside information, which may have significant implications for the company’s operations and stakeholders.
Tian Cheng Holdings Limited has announced a supplemental agreement regarding the placing of new shares under a general mandate. The agreement extends the deadline for fulfilling the conditions of the original Placing Agreement from October 31, 2025, to November 21, 2025. This extension allows additional time for the company to meet the necessary conditions for the share placement. Shareholders and potential investors are advised to exercise caution, as the completion of the placing is contingent upon meeting these conditions.